b"BOARD OF DIRECTORSEDCBOARD CHAIRIts been an honor to serve as EDC Chair during a year of real transition. Im grateful to our Member Investors for the trust, and to the BSED staff, board, and commissioners for their continued engagement. A special thanks to Steve for positioning the organization so well for this moment, and to Paul for his steady leadership as he has navigated changing currents in his first months at the helm.Our board is focused. We're passionate about execution, about alignment, and about building real momentum. Were entering a season of opportunity, and were committed to helping businesses grow, attracting smart capital, and shaping a regional economy that can compete at any level.In 2026, our board will set new strategic priorities. If youre reading this, I encourage you to get involved. Make your voice heard. Talk to board members. This is your economy, and its worth building together. NICK PANCHEAU, AIACollaborative Design ArchitectsBIG SKY ECONOMIC DEVELOPMENT CORPORATION NICK PANCHEAU*DAVE BALLARDKIM JAKUBMOLLY SCHWENDChair Ballard PetroleumPar Montana Northwestern EnergyCollaborative Design Architects Holdings, LLCNICHOLE MEHLINGJERRY SIMONSON JENNIFER KOBZA*DJ CLARK Billings Clinic Foundation Western Security BankVice Chair SanbellTKIMARK MORSEGEORGE WARMER COLE DERKS Yellowstone County Commissioner Coldwell Banker Commercial CBS JENNIFER WEAVERKarell Kimmet Beddow PLLPDR. BOB WILMOUTHKONDRACKI* JUDI POWERSRocky Mountain CollegeSecretary/Treasurer SPENCER FREDERICK Montana Fly Fishing LodgeWeave Industries Stockman BankMICHAEL PHILLIPSTYLER WILTGEN ANDY GOTT*KEAGAN HARSHA Little Horn State Bank St. Vincent Healthcare FoundationImmediate Past Chair KTVQ Communications, LLCMATT ROBERTSONFirst Interstate BankMIKE MARSH NAI Business Properties DR. STEFANI HICSWA* Midland Claims Service, Inc.Member at Large Industrial Injury ClaimsMSU-Billings* DENOTES EXECUTIVE COMMITTEE MEMBER16 BIGSKYECONOMICDEVELOPMENT.ORG"